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    616 Bloomfield Ave Caldwell, NJ 07006

    For Sale
    $375,000

    First-floor office with finished basement in high-traffic area.

    Lot size:
    1.03 Acres

    Property Features for 616 Bloomfield Ave

    General Information

    Lot size
    1.03 Acres

    Building Details

    Year built
    1985

    Source: PRESTIGE PROPERTY GROUP MONTCLAIR Agent MELCER FLORES

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Professional Office Space with Basement

    This property features a 1,507 sq. ft. first-floor professional office space, complemented by a 750 sq. ft. finished basement. The space benefits from excellent visibility and convenient access within a high-traffic area. The layout includes multiple rooms, making it suitable for various uses, including medical, dental, or professional offices. The property provides private parking for the doctor and ample parking for clients. It also includes two bathrooms and sinks in each room. A new HVAC system has been installed in the complex. This property offers a turn-key opportunity in a desirable location.
    Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    The Gentle Vet, West Caldwell Animal Hospital, Rebecca Scelba, D.V.M., Animal Emergency & Referral Associates, Veterinary Medical Center

    Location Insight

    • Map
    • Local Demand
    City
    Caldwell
    County
    Essex
    State
    New Jersey
    Longitude
    -74.289275
    Latitude
    40.846392

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    FAQs

    What type of property is this?
    Medical office - First-floor office with finished basement in high-traffic area.
    Where is this medical office located?
    The property is located at 616 Bloomfield Ave Caldwell, NJ.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: - Prime first-floor office space in a high-traffic area with excellent visibility and convenient access.; - Includes a **750 sq. ft. finished basement**, expanding usable space.; - **Private parking** for the doctor and ample client parking.
    (973) 860-7595
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    616 Bloomfield Ave Caldwell, NJ 07006
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